Wednesday, December 05, 2012

What % of this year’s deficit will be closed by raising rates on those who earn >250k?

You are one of those 67% who support raising the tax rates on people who earn over $250K?

FINE

What else are you prepared to do? Because while we can argue about whether those people paying more taxes will invest less, spend less, and do less thus CUTTING FEDERAL, STATE, and LOCAL TAX REVENUES, this will only close the deficit gap by a TINY percentage.

Will you consider raising the retirement age to 70 for those 45 or less over the next 15-20 years?

Will you consider raising the Medicare age for those less than 55 to 67?

Okay, NEITHER of those will affect the deficit this year?

ONLY ONE THING WILL AFFECT THE DEFICIT THIS YEAR.

GROWTH.

What are the leaders doing to spur MAJOR, IRREVERSIBLE GROWTH THIS YEAR?

Geithner: Ready to Go Over ‘Cliff’ If Taxes Don’t Rise

Treasury Secretary Timothy Geither told CNBC Wednesday that Republicans are “making a little bit of progress” in“fiscal cliff”talks but said the Obama administration was “absolutely” ready to go over the cliff if the GOP doesn’t agree to raise tax rates on the wealthy.

“I think they’re making a little bit of progress,” Geithner said. “They’re clearly moving and figuring out how to try to move further.”

But Geithner said the White House would “absolutely” go over the fiscal cliff — triggering over $600 billion in automatic spending cuts and tax increases — unless tax rates increase on the top 2 percent of wage earners.

So if they don’t get what they want, a demagogic tax rise of ARGUABLE effect, they will hurt EVERYONE.

Even if that does NOT hurt the economy...what happens when it is discovered it has does nothing? What happens if the best case is true... we threw a thimble of water on a house fire? What will Bronco shout to the mob then?

I agree, The GOP needs a leader who can stand up and articulate that they are going to give the elected president JUST WHAT HE WANTS in deference to the american people, and call attention to the fact the THEY expect he will keep his word on on spending and tax reform, and that should be the lockstep set of words on EVERY SUNDAY NEWS SHOW FOR WEEKS.

I can't help the feeling that with Dick Armey and Demint BOTH gone something is going on in the backroom of plans

The Parallel Government
Of The Entire World

All of us, every single man, woman, and child on the face of the Earth were born with the same unalienable rights; to life, liberty and the pursuit of happiness. And, if the governments of the world can't get that through their thick skulls, then, regime change will be necessary.

Infidel Babe Of The Week
Can it be anyone else?

IBA Quote of the Week.

“In my study of communist societies, I came to the conclusion that the purpose of communist propaganda was not to persuade or convince, nor to inform, but to humiliate; and therefore, the less it corresponded to reality the better. When people are forced to remain silent when they are being told the most obvious lies, or even worse when they are forced to repeat the lies themselves, they lose once and for all their sense of probity. To assent to obvious lies is to co-operate with evil, and in some small way to become evil oneself. One's standing to resist anything is thus eroded, and even destroyed. A society of emasculated liars is easy to control."

The Infidel Bloggers Alliance Radio Show

Gathering Storm Report Radio Show

"An Islamic regime must be serious in every field," explained Ayatollah Khomeini. "There are no jokes in Islam. There is no humour in Islam. There is no fun in Islam."

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"I want to be very, very clear, however: I understand and agree with the analysis of the problem. There is an imminent threat. It manifested itself on 9/11. It's real and grave. It is as serious a threat as Stalinism and National Socialism were. Let's not pretend it isn't."~~~~~Bono~~~~~